The Centers for Medicare & Medicaid Services (CMS) has extended its moratoria on new home health agencies and home health agency sub-units in locations nationwide for an additional six months. During the temporary moratorium, initial provider enrollment applications and change of information applications to add additional practice locations will be denied in six locations, including Fort […]
Five months after Minnesota’s historic home health care union election, a federal judge has tossed out a lawsuit aimed at halting the unionization. The suit, filed by attorneys with the National Right to Work Foundation represented six state health workers who provide home care services to disabled individuals and family members, according to a StarTribune […]
Given the $1.8 billion merger of Kindred Healthcare, Inc. (NYSE: KND) and Gentiva Health Services, Inc. (NASDAQ: GTIV), it’s no surprise health care M&A activity broke records in 2014. The home health and hospice sectors, alone, saw a 27% increase in deals — from 15 in the third quarter to 19 in the fourth quarter […]
The end-of-life care business is changing, and for large multi-agency, multi-state hospice chains, that means business is booming. In fact, chains cared for nearly half of all hospice patients in 2011, a dramatic increase from a decade prior when small, mostly nonprofit, organizations provided 75% of all care, according to a recent Forbes article, which […]
CareSouth Health System, Inc., a national senior care services provider based in Augusta, Ga., has announced the launch of a comprehensive rebrand that will emphasize its client-centric approach. The company will begin the national rebranding of its CareSouth agencies across all CareSouth-branded business lines, including CareSouth Home Health, CareSouth Hospice, CareSouth Private Duty and CS […]
Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home and community-based services, announced this week it has acquired Priority Home Health Care, Inc., effective Jan. 1. Headquartered in Cleveland, Ohio, Priority Home Health Care operates six offices in the Cleveland, Akron and Columbus areas, which are expected to produce revenues of approximately $11 million for […]
The Partnership for Quality Home Healthcare, a coalition of home health providers, has commended Congress for passing a budget package that calls for further analysis of face-to-face regulations and broad funding cuts to the Medicare home health benefit. Included in the legislation is language that requires the Centers for Medicare & Medicaid Services (CMS) to […]
Retirement shortfalls are a major problem in the U.S., as new data shows that more than half of today’s households lack enough retirement income to maintain their pre-retirement standard of living, according to a December report by the Center for Retirement Research (CRR) at Boston College. Recently, other reports have detailed the lack of sufficient retirement savings in 49 […]
The home care and home health sectors are poised for growth in the years ahead, and not just because an aging population is increasingly looking to age in place at home. New research shows the sectors rank among the fastest-growing occupations and also top the list of occupations expected to generate the most new jobs. […]
Following proposed legislation by the U.S. House of Representatives, the Senate has introduced a similar bill that would correct what some believe to be flaws in the Centers for Medicare & Medicaid Services’ (CMS) competitive bidding program for durable medical equipment (DME). Late last week, Sens. Rob Portman (R-Ohio) and Ben Cardin (D-Md.) introduced the […]
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